October 21, 2010 Bank of Canada Warns of Email ScamsThe Bank of Canada has become aware of email scams that send unsolicited emails falsely claiming to originate from the Bank of Canada.
November 25, 2008 Canadian Lenders Assurance FacilityAs outlined in the Terms of the Canadian Lenders Assurance Facility, the Bank of Canada will act as Administrative Agent for the Government of Canada for this facility and be responsible for daily operational activities. In support of this role, the Bank will make available a register of all approved and guaranteed issues on its web site.
April 29, 2008 Financial Stability Forum publishes report on Enhancing Market and Institutional ResilienceThe Financial Stability Forum (FSF) has presented to the G7 Finance Ministers and central bank Governors a report making recommendations for enhancing the resilience of markets and financial institutions.
March 5, 2008 Proposed Criteria for Accepting ABCP as Collateral for the Bank of Canada's Standing Liquidity FacilityThe Bank of Canada is seeking comments from direct participants in the Large Value Transfer System (LVTS) and other interested parties on the proposed eligibility criteria for accepting asset-backed commercial paper (ABCP) as collateral for the Bank of Canada's Standing Liquidity Facility (SLF).
July 18, 2007 Update on Selection Process for Governor of the Bank of Canada Released by the Special Committee of the Bank's Board of DirectorsIn accordance with the Bank of Canada Act, the Governor of the Bank of Canada is appointed by the independent directors with the approval of the Governor in Council (federal Cabinet). Following an announcement on 25 April 2007 that the current Governor, Mr. David Dodge, would not be seeking reappointment at the end of his seven year mandate on 31 January 2008, the Bank's Board of Directors initiated a process to find a replacement.
The principal mission of the Bank of Canada is the formulation and implementation of Canada's national monetary policy to promote the economic and financial welfare of the country.
Effective 15 May 2003 the following changes will be made to the Bank of Canada Commodity Price Index (BCPI).